Rand Capital (RAND) Operating Expenses (2022 - 2026)
Rand Capital (RAND) posted quarterly Operating Expenses of $641917.0 for Q1 2026, down 18.85% year-over-year from $791065.0 in Q1 2025, and down 3.55% quarter-over-quarter from $665562.0 in Q4 2025.
Rand Capital (RAND) Operating Expenses (2022 - 2026) Analysis & Trends
Rand Capital (RAND) has reported Operating Expenses for 5 consecutive years, with $641917.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 18.85% year-over-year to $641917.0; the TTM figure through Mar 2026 stood at $1.0 million (down 76.38% YoY), while the FY2025 annual figure was $1.2 million, down 75.43% from the prior year.
- Operating Expenses eased to $641917.0 in Q1 2026 per RAND's latest filing, from $665562.0 in the prior quarter.
- Across five years, Operating Expenses topped out at $2.7 million in Q2 2024 and bottomed at -$864159.0 in Q2 2025.
- Historically, Operating Expenses has averaged $715165.5 across 5 years, with a median of $665562.0 in 2025.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 1258.39% — and 2024, when it sank 137.12%.
- Rand Capital's Operating Expenses stood at $371090.0 in 2022, then jumped by 173.19% to $1.0 million in 2023, then tumbled by 137.12% to -$376286.0 in 2024, then soared by 276.88% to $665562.0 in 2025, then slipped by 3.55% to $641917.0 in 2026.
- Business Quant data shows RAND's Operating Expenses at $641917.0 in Q1 2026, $665562.0 in Q4 2025, and $596203.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 4.62 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 2.38 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 5.41 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 3.18 Bn |
| 10 | Rand Capital | 30.44 Mn | 30.01 Mn | - | 647,390.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 647,390.00 |
| Mar 31, 2026 | 641,917.00 |
| Dec 31, 2025 | 665,562.00 |
| Sep 30, 2025 | 596,203.00 |
| Jun 30, 2025 | -864,159.00 |
| Mar 31, 2025 | 791,065.00 |
| Dec 31, 2024 | -376,286.00 |
| Sep 30, 2024 | 1.33 Mn |
| Jun 30, 2024 | 2.65 Mn |
| Mar 31, 2024 | 1.23 Mn |
| Dec 31, 2023 | 1.01 Mn |
| Sep 30, 2023 | 809,936.00 |
| Jun 30, 2023 | 1.31 Mn |
| Mar 31, 2023 | 1.05 Mn |
| Dec 31, 2022 | 371,090.00 |
| Sep 30, 2022 | 498,959.00 |
| Jun 30, 2022 | 96,198.00 |
| Mar 31, 2022 | 345,378.00 |